Power Systems Research (PSR) is an international research company based in St. Paul, Minnesota, USA. It operates a second North America office in Detroit, Mich., and has offices in five other countries. PSR analysts have been collecting and analyzing global engine and powertrain data and information since 1976, and we use this data to develop targeted forecasts by industry segment and region.

Our team of experienced analysts works with OEMs, engine and component manufacturers, dealers, fleet managers and industry experts to compile detailed and focused data that has become an industry standard. It’s the leading source of global information on engines and power equipment powered by IC and alternate sources. Whether you need detailed global data, forecasts or customized local market studies, we can provide you with Data, Forecasting and Solutions. Let’s start today.

PowerTALK™, April 2026

In the April 2026 issue of PowerTALK News you can read articles about reports from CONEXPO 2026, Alternative Power News, and DataPoint, plus reports on Iran and Tariffs, BYD Developments, and more.

ALTERNATIVE POWER REPORT

  • A “Failed Experiment”? Biofuels Under Spotlight
  • US Battery Recycler Lands $1.1B Metals Refining Deal
  • When Fossil Fuel Supplies Falter, Interest In Renewables Increases
  • Oil Crisis Makes Drivers Reconsider Electric

DATAPOINT: 2026 Aerator Production
GLOBAL REPORT: 2026 Global MHCV Production Gains Seen
EUROPE REPORT:

  • Volvo Moves into Big Electric Equipment
  • KTM Completes Strategic Realignment and Leap into Premium EVs

SOUTH AMERICA/BRAZIL REPORT:

  • Import Tax Decision on Buses Is Reversed
  • Indian Preet Enters Brazil With Tractor Manufacturing Plant
  • Selic Interest Rate Cut Has Limited Impact in Auto Market
  • VWCO Tests B100 Soybean Biodiesel in Engines
  • GAC Plans Vehicle Production in Brazil

JAPAN REPORT: Yanmar To Build Plant for Marine Hydrogen Engines
SOUTH KOREA REPORT: HD Construction Sets Electric Safety Training System
PHILIPINES REPORT: Power Shortages Boost Reliance on Generators
CHINA REPORT: Zhangxue Demonstrates Strength of “Made in China”
INDIA REPORT: Ashok Leyland Takes Major Step Toward EV Leadership

Iran War, Worldwide Tariffs Disrupt Global Markets

Guy Youngs
Guy Youngs

Strait of Hormuz. On Saturday, Feb. 28, the USA and Israel launched a joint attack on Iran which resulted, among other things, in the death of several of Iran’s senior leadership, including the Grand Ayatollah Ali Khamenei. Apart from targeting the leadership, the attacks were also aimed at the Islamic Revolutionary Guard Corps (the Iranian paramilitary organization whose official role is to support the Islamic Republic).

Iran has long threatened, if attacked, to drag the region into total war, including targeting Israel, the Gulf Arab states and the flow of crude oil crucial for global energy markets. So, in retaliation, Iran has launched a series of attacks on gulf states, Cyprus, the US Navy carrier groups in the Gulf and the Mediterranean. The US responded to these attacks by wiping out the Iranian navy and hitting various missile sites in Iran.

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